Why act on climate?
- Competitive edge. Taking climate action can drive innovation and put you ahead of the competition.
- Meet and exceed customers expectations. Increasingly, customers are expecting businesses to play their part in addressing the climate crisis.
- Increase appeal to key stakeholders. Being climate-responsible helps to attract and retain talented people. It is also an increasing expectation of investors and other stakeholders.
- Save money. Being more efficient with energy and resources reduces costs and emissions.
- Be future-ready. A plan to become a low carbon and climate resilient business will prepare your business for the future.
- Expectations of clients and customers. Government agencies and larger businesses increasingly have expectations of their suppliers in terms of climate action.
- Carbon Neutral Government Programme. Public sector agencies have to start reporting and this will require an understanding of supplier emissions.
- Climate-related financial disclosures legislation. This directly affects larger financial and insurance-related businesses. These obligations will also place requirements and expectations on their customers and suppliers.
- Carbon pricing. The Emissions Trading Scheme (ETS) directly affects a small percentage of large businesses. But, as carbon prices continue to increase, businesses that have carbon-intensive operations, products and services, will experience increased costs.